Gold Bullion Retains Stirling Merchant Capital Inc.

2875 Ave Granada Rouyn Noranda, Québec J9Y 1J1 Tel: 819-797-4144 / Fax: 819-762-2306 GOLD BULLION RETAINS STIRLING MERCHANT CAPITAL INC.

May 21, 2015 - Gold Bullion Development Corp. (TSX-V: GBB) (OTCPINK: GBBFF) (the Company or “Gold Bullion”) is pleased to announce that it has retained Calgary-based Stirling Merchant Capital Inc. ("Stirling") to provide investor relations and marketing services, including organizing and coordinating road-shows, introducing management to market participants, and assisting with the preparation and presentation of investor and marketing materials.

Stirling's business is primarily focuses on organizing road-shows for Canadian listed public companies. Stirling is operated by Sam Grier and Natalya Tatarinova. Combined they have over 15 years' experience as investor relations professionals.

Stirling will assist Gold Bullion in fostering productive, continuing dialogues with analysts, brokers, investors and other investment professionals within the financial community.

The investor relations agreement between Gold Bullion and Stirling shall have a term of 12 months unless extended by mutual agreement or terminated earlier by a party with 30 days written notice. Under the terms of the agreement, Gold Bullion will pay a monthly fee of $5,000 (plus GST and reimbursement of travel expenses) and grant Stirling 300,000 stock options in the capital of the Company, exercisable at $0.05 per share for a period of twelve months. The options are granted pursuant to the Company’s Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange, which require that options granted to a consultant providing investor relations services must vest in stages over twelve months with no more than one-quarter of the options vesting in any three month period. This will bring the total number of options outstanding under the Company’s Stock Option Plan to 21,130,000 with 9,759,059 remaining available for grant. Other than the stock options, neither Stirling nor any of its directors, officers or employees has any interest, directly or indirectly, in Gold Bullion or it securities, or any right or intent to acquire such an interest.

The investor relations agreement and the grant of the options are both subject to the approval of the TSX Venture Exchange.

About Gold Bullion Development Corp.

Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property located on the prolific Cadillac Trend near Rouyn-Noranda, Québec. Near term gold mining operations will focus on high grade near surface material that will be trucked to Iamgold’s nearby processing facility. The project economics remain robust with all in cash costs forecast at US $797 prior to the drop in fuel prices. Should the project proceed to the next level of assessment and ultimately to development and long term production which will act as a share price catalysts. Additional information on the Company is available by visiting the website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com. “Frank J. Basa”

Frank J. Basa, P.Eng.

President and Chief Executive Officer For further information contact:

Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144 Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forwardlooking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.